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£1,100,000
Bedrooms
Bathrooms
An incredible four bedroom maisonette arranged over the top two floors of this stunning Edwardian terraced home. The entrance to the flat in on the ground floor, with space for coats and shoes. Stairs lead to the first floor where the beautiful reception room has views directly onto Queens Wood. The kitchen is located off of the large second reception room that has views into Highgate Wood. Both rooms have period fireplace, high ceilings and quality double glazed sash windows. The stylish fitted kitchen has white units and is installed with quality integrated appliances. There are two generous double bedrooms and bathroom on the first floor. Stairs lead to the top (2nd) floor, the principle bedroom has a stunning Juliet balcony, that makes the most of the green views into the woods. The forth double bedroom has views to the front into Highgate Wood, there is another bathroom on this floor. The flat is sold chain free and with a share of the freehold. An ideal location, opposite Highgate Woods and close to Highgate tube.
Outside
Front garden laid with an artificial lawn.
Situation
A popular location as close to the tube in Highgate, less than half a mile and approx half a mile to the many shops and restaurants in Muswell Hill. The outstanding local schools include Tetherdown primary and Fortismere secondary schools.
Share of Freehold
Ground rent 0
Service charge - % of building insurance
Your property may be repossessed if you do not keep up repayments on your mortgage.
Monthly Payment: £ 8,216.87
Monthly Payment: £ 8,216.87
Monthly Payment: £ 8,216.87
Amortization For Monthly Payment: £8,216.87 over 30 years ( Based on 3.20% Interest )
Using your investment as a 25.00% deposit and £ 5,833 in costs for purchasing and getting ready to let.
Stamp Duty is a tax paid on completion via your solicitor, the calculation includes the 3% surcharge for second homes.
Your home may be repossessed if you do not keep up repayments on your mortgage.
The refurbishment budget is set to 2.50% of the purchase price, but this will vary dependent on the suitability of the property for the rental market. Select a value that you feel is appropriate to the condition of the property.
This will vary between lenders, type of report and whether or not you are buying with a mortgage, for advice on which type of survey would be appropriate speak with an advisor from Preston Baker Financial Services.
Lenders will often charge a fees for the arrangement of a mortgage, for advice on what lenders may charge, speak with an advisor from Preston Baker Financial Services. Your home may be repossessed if you do not keep up repayments on your mortgage.
This is the sum of mortgage admin, land registry, search, bank transfer and any other fees incurred.
Purchase costs include assumed mortgage and survey costs which are estimated. For a quote contact a Preston Baker Financial Services mortgage advisor who can provide you with current and accurate information. The stamp duty calculation has applid the 3% stamp duty surcharge on the basis that this will be a second property.
The mortgage is assumed to be interest only. Your home may be repossessed if you do not keep up repayments on your mortgage.
This is the percentage of the rent that you will spend maintaining the property.
Ground Rent only applies to leasehold properties. This is an assumed ground rent, the confirmed figure can be found in the Property Information Questionnaire.
Service charge only applies to leasehold properties. The correct figure can found in the Property Information Questionnaire answered by the seller.
This is a standard, indicative figure only. Properties that have a service charge often have this included withing that charge. Please consult the Property Information Questionnaire for more information.
Final Equity Profit = Final Property Value - Mortgage Required - Investment
Cumulative Rental Profit = Annual rental profit x Time of Investment
This is the assumed rate of house price inflation.
This is the property value at the end of the investment based on an assumed rate of % house price inflation.
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